Shares & Derivatives
Will these stocks rally further?
By Singapore Stocks Investing (SSI)  •  October 5, 2015
The US jobs reports have been interpreted by the stocks markets as factors delaying possible interest rate hike by the Federal Reserves. This has translated in stocks rallies across the region, including Singapore’s stocks markets. Amongst the gainers in Singapore stocks markets are Wilmar stock, which advanced a good 7.4% today as well as Golden Agriculture stock which advanced 4.5% today. Wilmar stock closed at a low of $2.52 on 29 Sep 2015 and for today’s closing price at $2.76, the stock has advanced a great 9.52%. Similarly, since reaching a low of $0.29 on 25 Aug 2015, Golden Agriculture stock has staged an even greater rally of more than 20% to close today’s trading session at $0.35.It is not difficult to guess why these palm oil-related stocks have rallied; it has to do with the regional haze which prompted speculation of ......
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By Singapore Stocks Investing (SSI)
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